How much is my piano worth

How do I find out how much a piano is worth?

Appraisers of used pianos and other consumer goods typically use three differentmethods to determine fair market value : comparable sales, depreciation, and idealized value minus the cost of restoration.

Is there a blue book for pianos?

Many people looking to buy or sell a seek to appraise its value by means of a so-called “ blue book ” of pianos . The online Blue Book of Pianos has a wealth of information about used pianos , and their E- book of Pianos contains price lists for most every brand on the market.

How much is a Lowrey piano worth?

Lowrey Pianos for Sale | Buy a Lowrey Piano at PianoMart

Year Details Price
2008 Lowrey Stardust SU530 Home/Theater Organ $3,200
1960 Lowery Antique $500
Lowery Genius Variety GX-1 $300

What is a good price for a used piano?

We found that on average, used pianos were 60% less expensive than new ones: The average new price in our sample was $50,000 and the average used price was $19,000.

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Are old pianos worth any money?

Like antique books, antique pianos are not worth a lot of money just because they are old . In actuality these old instruments may be worth very little at all. Most antique , upright pianos are worth $500 or less in very good condition. This is because a piano is actually a machine.

Do pianos lose their value?

Yes, pianos depreciate over time. The amount of depreciation depends on the brand of piano , the condition of the instrument, and the current piano market. Some pianos hold their value while others appreciate over time. Every piano is different, however, there are some basic principles to determining their value .

What does it cost to tune a piano?

Regular piano tuning is a necessary service for anyone who wants to keep and use a piano for any length of time. It’s part of the cost of ownership. The average price to tune a piano ranges from $65 to $225 , and the cost can increase by several hundred dollars if the piano requires multiple tuning sessions or repairs.

Are ivory keys on a piano worth anything?

Indeed, ivory is illegal to buy and sell in most places today. Since ivory is scarce, it makes sense to think that they have some value if in good condition. Sadly, this is far from the case.

How much is a Heintzman piano worth?

Owning to its storied history, the values of Heintzman pianos are all over the place. Some instruments can be found for free online, while others are sold for up to $30,000 in the private sector.

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How can you tell how old a piano is?

You will need 2 things to determine the age of your piano : The brand name of the piano . Note: Some pianos will have more than one name for the manufacturer. The serial number (NOT the model number) of the piano . To locate the serial number on a vertical piano , open the top and look inside.

How heavy is a Wurlitzer piano?

It is usually below 40 inches tall, around 60 inches of width and weighs about 200- 300 pounds . Console pianos – their height ranges from 40 to 43 inches and the weight is the same as that of the spinet pianos. Studio pianos – they are a little bigger than the previous two types of upright pianos.

Where are Lowrey organs made?

Lowrey organs were originally made in Chicago, Illinois (prior to 2011) and have been played in churches and by professional and home musicians since the 1950s.

Should you buy a used piano?

Used pianos don’t depreciate just like new pianos do. If one was to buy a new piano and then sell it at a later date, the chances are high that the piano will have depreciated. By buying a used piano , there is no such risk. In most cases, used pianos do not include a warranty.

How much is a decent upright piano?

Upright Piano Prices You can find a Yamaha upright piano for around $4,500 (they go up to about $19,000), and entry-level Steinway uprights start at $25,600 . Baldwin uprights play reliably and hover around $9,000—for more prices, check out the Piano Blue Book.

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What are the best used piano brands?

When shopping for a used piano, it’s important to consider: The Piano Brand – Look for quality brands such as Yamaha used pianos, Bösendorfer, Steinway & Sons , Kawai , and Wm. Knabe & Co. A higher quality piano means higher quality parts that won’t degrade as quickly over time.

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